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by trickle down economics or the sort of economics that says if you give a bunch you're rich people tax cuts and all that extra money they keep will eventually trickle down on to the rest of us and it will do more than just create a nation of it's after thirty years of trickle down economics we know what really happens here go down economics just makes us a nation of peons of peons working for a minimum wage is lost half its value since the nine hundred sixty s. if christie and the rest of the conservative movement would step out of the bubble and they'd see that giving more money to working people actually does help the economy a new jersey policy perspective analyzed the economic economic impact in new jersey of raising the minimum wage and found it would lead to an economic boom it would mean four hundred thirty nine million more dollars in the hands of working people in that state that would increase economic activity by two hundred seventy eight million dollars in the first year an equivalent of two thousand four hundred twenty new full time jobs would be. created all this from rai
by trickle down economics or the sort of economics that says if you give a bunch you're rich people tax cuts and all that extra money they keep will eventually trickle down on to the rest of us and it will do more than just create a nation of it's after thirty years of trickle down economics we know what really happens here go down economics just makes us a nation of peons of peons working for a minimum wage is lost half its value since the nine hundred sixty s. if christie and the rest of the...
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Jan 26, 2013
01/13
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FOXNEWS
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, or the democrats are talking an energy tax, like a gasoline tax, kim is right. if they're going to do this, through the regulatory angle and outlaw in that way. >> paul: but then, james, why mention it so prominently, or was this sort after bait and switch for the environmentalists and mention it and in policy terms don't. >> there may be some bait and switch, but this is key. if he doesn't need to get anything through the congress, like the potomac swatch-- >> kim strassel. >> so well. they think that they have a court decision a few years empowers them to regulate carbon. they think they're off to the races here and this suggests to me that maybe the play is, with all of the business community expecting an approval of the keystone pipeline, the president might approve the pipeline, but then really ratchet down on the use of the oil going through that pipeline and i think he might be able to say to environmentalists. >> paul: how would they do that, they won't build this thing if they don't think there's a lot of oil that go through it. >> certainly the people
, or the democrats are talking an energy tax, like a gasoline tax, kim is right. if they're going to do this, through the regulatory angle and outlaw in that way. >> paul: but then, james, why mention it so prominently, or was this sort after bait and switch for the environmentalists and mention it and in policy terms don't. >> there may be some bait and switch, but this is key. if he doesn't need to get anything through the congress, like the potomac swatch-- >> kim strassel....
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Jan 30, 2013
01/13
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turns out you the tax payer you got a terrible deal. those details when we come back. >> plus what happens to a building when the earth be row it disappea -- below it dispier. >> welcome back. 45 after the hour. let's span the globe to see what's in the headlines overseas. money head to do the war torn country. president obama says that additional humanitarian money will be used for food and clean water. now to china. a massive sink hole swallowing up a huge building complex. that hole over 3,000 square feet and 33 feet deep. under ground construction on the subway line likely to blame. incredibly no one was hurt. >> thank you, heather. initial estimates for the taxpayers for the financial bailout at $22 million. estimates show the loss is even bigger. fox business network diane macedo has more. >> the inspector general for the asset release program says in the new report taxpayers stand to lose $27 billion from the 2008 financial bailout. 5 billion more than estimated in the fall. why the increase? according to the report the treasury
turns out you the tax payer you got a terrible deal. those details when we come back. >> plus what happens to a building when the earth be row it disappea -- below it dispier. >> welcome back. 45 after the hour. let's span the globe to see what's in the headlines overseas. money head to do the war torn country. president obama says that additional humanitarian money will be used for food and clean water. now to china. a massive sink hole swallowing up a huge building complex. that...
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Jan 26, 2013
01/13
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securitier who refers to himself as locy boy will have to make $40,000 a year payments in property taxes, shepard. >> shepard: you should go out and get you a free mansion? >> well, it's quite a risk, shepard certainly caused some controversy in this very toney neighborhood in boca raton. some the people we spoke to today good for him if he can pull it off. most of the neighbors are clearly extremely agitated at this situation. >> got to hand it to him. it's a beautiful place. no one else was living in there. >> most of the neighbors around this area are pretty active in the association. think are not happy. nobody is happy. we all spent a lot of money. >> not sure how congress will it's going to be a free ride. bank of america says they have initiated immediate legal proceedings to evict the 24-year-old squatter. >> shepard: i would love to have him on "studio b" on monday. can you work that out for me? >> we are on it. >> shepard: as many as 10,000 crocodiles got loose not in south florida but in south africa because of heavy rains and flooding. look at. this officials say a worker at
securitier who refers to himself as locy boy will have to make $40,000 a year payments in property taxes, shepard. >> shepard: you should go out and get you a free mansion? >> well, it's quite a risk, shepard certainly caused some controversy in this very toney neighborhood in boca raton. some the people we spoke to today good for him if he can pull it off. most of the neighbors are clearly extremely agitated at this situation. >> got to hand it to him. it's a beautiful place....
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Jan 29, 2013
01/13
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i'm bob, we talked at the tax store. i did your taxes. i thou??t you were a tax expert? today, i'm a master plumber. major tax stores advertise for preparers with "no tax experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ...than h&r block stores and all other major tax stores combined. ♪ >>> love that. welcome back to "today" on this fun day monday. in 1978 a new show called "dallas" changed television forever. >> for 13 seasons the ewings captivated us with their back stabbing and lies. it was so much fun. of course, who can forget the who shot j.r. mystery of 1980 watched by over 350 million fans worldwide. >> as you know, the family is back with some familiar faces helping the next generation of ewings. the second season kicks off tonight on tnt. take a look. >> it's great. >> so if we're going to take this to a vote, and i think we should. >> i vote with christopher. >> you and christopher have 60% of this company. i have 30%, and lana has 10%. you always talk about being a family business, but your sid
i'm bob, we talked at the tax store. i did your taxes. i thou??t you were a tax expert? today, i'm a master plumber. major tax stores advertise for preparers with "no tax experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ...than h&r block stores and all other major tax stores combined. ♪ >>> love that. welcome back to "today" on this fun day monday. in 1978 a new show called "dallas"...
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Jan 27, 2013
01/13
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FOXNEWS
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or by the way the democrats are also talking about maybe an energy tax, like a gasoline tax. there is no political support there. that's why i think kim is right. if they are going to do this it's going to have to be through the regulatory angle trying to outlaw carbon in that way. >> james, why mention it so prominently or was this sort and switch for the environmentalists. you mention it re tore rickly and say i'm really behind you. in policy terms, you don't give them anything. >> there may be some bait and switch. i think this is the key. if he doesn't neeyd to get anythingt. through the congress, as the potomac watch column in friday's journal. >> kim strousal, there is a lot of regulatory authority they think they have. court decision a few years ago empowers them to regulate carbon. they think they are off to the races here. so this suggests to me that maybe the play is, with all of the business community expecting an approval of the keystone pipeline, the president might approve the pipeline but then really ratchet down on the use of the oilat going through that pipel
or by the way the democrats are also talking about maybe an energy tax, like a gasoline tax. there is no political support there. that's why i think kim is right. if they are going to do this it's going to have to be through the regulatory angle trying to outlaw carbon in that way. >> james, why mention it so prominently or was this sort and switch for the environmentalists. you mention it re tore rickly and say i'm really behind you. in policy terms, you don't give them anything....
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Jan 30, 2013
01/13
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MSNBC
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time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot even on a holiday weekend. ♪ things are definitely looking up. [ male announcer ] with no blackout dates, you can use your citi thankyou points to travel whenever you want. visit citi.com/thankyoucards to apply. with fancy feast mornings want. gourmet cat food. (announcer) make mornings special, mornings are delicious protein rich entrees with garden veggies and egg. fancy feast mornings. the best ingredient is love. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then.
time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot even on a holiday weekend. ♪ things are definitely looking up. [ male announcer ] with no...
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Jan 30, 2013
01/13
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FBC
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...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ melissa: so call it a potential hackers haven, but chattanooga hoping to offer the fastest internet structure in the country. if that's not enough for you, they instituted a new program called geek moves that covers mortgage and moving excepts for ten lucky techs. one innovative program instituted hoping to spark a tech revolution in tennessee. here to explap is the chattanooga mayor who i think is a genius. thank you for coming on the show. we appreciate your time. >> glad to be with you. melissa: why did you decide technology was key? what made you focus on that? >> well, we had a choice of rebuilding the old electrical system that receivers the city or building something for the future, and even though it was initially more costly, we felt the future was more compelling than the past. chattanooga's an old industrial city. this is new infra
...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ melissa: so call it a potential hackers haven, but chattanooga hoping to offer the fastest internet structure in the country. if that's not enough for you, they instituted a new program called geek moves that covers mortgage and moving excepts for ten lucky techs. one innovative program instituted hoping to spark a tech revolution in...
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Jan 30, 2013
01/13
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CNNW
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details, straight ahead. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i can't believe your mom let you take her car out.ck! this is awesome! whoooo! you're crazy. go faster! go faster! go faster! go faster! no! stop...stop... (mom) i raised my son to be careful... hi, sweetie. hi, mom. (mom) but just to be safe... i got a subaru. (announcer) love. it's what makes a subaru a subaru. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. with fancy feast mornings livgourmet cat food.e. (announcer) make mornings special, mornings are delicious protein rich entrees with garden veggies and egg. fancy feast mornings. the best ingredient is love. something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetene
details, straight ahead. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i can't believe your mom let you take her car out.ck! this is awesome! whoooo! you're crazy. go faster! go faster! go faster! go faster! no! stop...stop... (mom) i raised my son to be careful... hi, sweetie. hi, mom. (mom) but just to be safe... i got a subaru. (announcer) love. it's what makes...
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Jan 29, 2013
01/13
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FBC
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credit -- melissa: they would pay payroll taxes, state, local, and federal taxes. >> right. we think 55% of illegals are already paying taxes. it's not that much. their income is so much less on average, reflecting educational attainment, that even if the other 45% paid payroll tax, generally, they don't pay income tax because they are too poor. we think 80% or less educated. what the fiscal impact reflects, not so much where they are from or who they are, rather their educational attainment. unskilled immigration is costly for taxpayers even though most work. melissa: steve, thank you for your time. >> sure thing. melissa: next on "money," violent protests in egypt, the critical passageway for oil supplies could be at risk. we'll explain. plus, it tastes so good, but that grocery store frozen pizza, is it toxic for your body? one says the california pizza kitchen is deliberately poisenning consumers. i don't know. we have the details. piles of "money," but no frozen pizza though. that's coming up president ♪ have given way to sleeping. tossing and turning where sleepless
credit -- melissa: they would pay payroll taxes, state, local, and federal taxes. >> right. we think 55% of illegals are already paying taxes. it's not that much. their income is so much less on average, reflecting educational attainment, that even if the other 45% paid payroll tax, generally, they don't pay income tax because they are too poor. we think 80% or less educated. what the fiscal impact reflects, not so much where they are from or who they are, rather their educational...
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Jan 26, 2013
01/13
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tax funder deal gave egypt some of the advanced military technology in america's arsenal. can we trust morsi's young regime with these weapons. >> temperatures plummet to dangerous levels. a winter storm is brewing and we will tell you how long the freezing cold will stick around. >> paul ryan coming out swinging setting the stage for a new round of budget battles in president obama's second term. he just wrapped up his speech at the national review institute warning fellow republicans to carefully pick their fight with the democrats or risk being miss cast on divisive issues. >> the way he felt it it's the president and only the president who is trying to fix our bridges to feed our children to care for our seniors to clean our frankly, he must be exhausted. i know we are. but we can't get rattled. we won't play the villain in his morality plays. we have to stay united. we have to show that if given the chance we can govern. >> molly henneberg is live in washington with more. >> trying to buoy his fellow conservatives. paul ryan said republicans and conservatives will nee
tax funder deal gave egypt some of the advanced military technology in america's arsenal. can we trust morsi's young regime with these weapons. >> temperatures plummet to dangerous levels. a winter storm is brewing and we will tell you how long the freezing cold will stick around. >> paul ryan coming out swinging setting the stage for a new round of budget battles in president obama's second term. he just wrapped up his speech at the national review institute warning fellow...
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and you're saying taxing education is shared only d.p. there well if you want it as a share of per capita basis that's different ways to look at it you can look at it on a per capita basis and you will see that actually during the obama administration spending as a percentage of per capita basis gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee of appropriations i realize that i'm in charge such as that people will only use basic defense spending they may or may not include the cost of this is what it would be so i understand what portion of it would be my point is is just . is that we're not doing enough on defense spending i'm going to agree with you right now now my point is i thought our levels of spending right now are not that different than they were in one nine hundred fifty and our level of taxation is radically lower than one hundred fifty nine hundred sixty nine hundred seventy the top tax rate was ninety one percent corporations are payi
and you're saying taxing education is shared only d.p. there well if you want it as a share of per capita basis that's different ways to look at it you can look at it on a per capita basis and you will see that actually during the obama administration spending as a percentage of per capita basis gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee of appropriations i realize that i'm in charge such as that...
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Jan 25, 2013
01/13
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WUSA
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the incentives include tax breaks for medical providers who work with patients in those five zones. >>> lightning might give you a headache. researchers say the lightning strikes within 25 miles from where you are, there's a 25% chance you can get a headache or a migraine. scientists at the university of cincinnati believe negatively charged lightning currents may trigger those headaches. >>> even though we just elected a president and the next time we have one elected it will be 2016, the race for the next president has already started. we're talking about the washington nationals. the president's race. the rushmore as they call them. the team says it is adding a new president to the race this year. the race already includes washington, lincoln, jefferson and of course teddy. but who will be the fifth one? you don't have to wait much longer to find out. the nationals are going to unveil the new presidential racer coming up tomorrow at nats field. >> i voted. >> you can vote online too. wusa9 wants you to think of the fifth member so who should it be? should it be a -- william at the
the incentives include tax breaks for medical providers who work with patients in those five zones. >>> lightning might give you a headache. researchers say the lightning strikes within 25 miles from where you are, there's a 25% chance you can get a headache or a migraine. scientists at the university of cincinnati believe negatively charged lightning currents may trigger those headaches. >>> even though we just elected a president and the next time we have one elected it will...
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Jan 30, 2013
01/13
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but something like corporate tax reform. that would lower the tax rates, close the loophole an bring the $2 trillion that charles is talking about. something not simple but leadership to reduce the debt. the president hasn't shown that leadership. i was at the world economic forum in davos. turkey was there. turkey of all places got their fiscal house in order and the economy is taking off. the way the debt is right now is a drag onbe this economy. the same way it's a drag on all the advanced economies. you've got to address this. i am troubled that the mantra out of democrats is debts don't matter. >> bret: right. here is how the republicans responded. house majority whip kevin mccarthy saying that the house continuously passed legislation to grow the economy. address washington spending problem and provide responsible solutions to anemic growth that plagued the economy over the last four years. with the legislative solutions have been met with silence in the senate. he goes on to for the senate and the white house to start
but something like corporate tax reform. that would lower the tax rates, close the loophole an bring the $2 trillion that charles is talking about. something not simple but leadership to reduce the debt. the president hasn't shown that leadership. i was at the world economic forum in davos. turkey was there. turkey of all places got their fiscal house in order and the economy is taking off. the way the debt is right now is a drag onbe this economy. the same way it's a drag on all the advanced...
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Jan 24, 2013
01/13
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he said we need more taxes and we will back asking for more taxes later. so is nearly as we can tell based on what he has said the taxes he would like to add to the ones he got in the operation of law to a half weeks ago is this light line right across here. so if the president were given all the tax increases he says that the moment he wants that would provide this amount of revenue going out to 2040. as you can see madam president that doesn't do anything to solve the problem because they read here represents spending in the past and the spending escalation that will occur if we don't do anything to solve the spending problem. look at this line. dramatically going up to 2040. so as you can see there is not enough revenue you can raise without completely shutting down the economy. and solve the problem. in fact it produces a static and totally insignificant amount of revenue in order to deal with the massive spending problem. so this constant demand for more and more tax increases on what i guess people say are the more successful guy down the street may
he said we need more taxes and we will back asking for more taxes later. so is nearly as we can tell based on what he has said the taxes he would like to add to the ones he got in the operation of law to a half weeks ago is this light line right across here. so if the president were given all the tax increases he says that the moment he wants that would provide this amount of revenue going out to 2040. as you can see madam president that doesn't do anything to solve the problem because they...
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Jan 25, 2013
01/13
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that is because of tax hikes including the payroll tax. don't worry you don't have to stop saving actually. vera gibbons has sop tips. everyone is hit with this. 160 million americans are affected. >> start by with justing your withholding. go back take a look at your w 4. 75 percent of them get a refund. average refunds are coming in at 4,000. it will push down your withholdlings and brighten up your take home pay. >> do you want your money now or do you want to get it back later. >> fur getting too much of a refund you rely on the refunds you are not having the right amount with he would had. >> have aing you'll tvaluable t. >> the earned income tax credit for example only 6 million americans they don't know they are elible or they don't know how to claim it. you are leaving free money on the table. you want to take advantage of all of the job hunts expenses mortgage interest deductions a slew of valuable breaks. claim them. >>> max out your 401 k. >> this one goes without saying. you have got to plan at work max it out. gone 17,500. tha
that is because of tax hikes including the payroll tax. don't worry you don't have to stop saving actually. vera gibbons has sop tips. everyone is hit with this. 160 million americans are affected. >> start by with justing your withholding. go back take a look at your w 4. 75 percent of them get a refund. average refunds are coming in at 4,000. it will push down your withholdlings and brighten up your take home pay. >> do you want your money now or do you want to get it back later....
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Jan 26, 2013
01/13
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fair share that's sort of code for raising taxes on the rich. republicans have already agreed to that once. it will be very hard to get them to do that again. final lit first thing he talked about encouraging businesses to create more jobs and pay better wages, i mean that's just going to take time. they'll be paying better wages when the economy improves and americans upgrade their skill set. that's not something that's going to happen overnight. maybe we'll see some improvement over the four years. >> all right, chris. they are laying out on the other side republicans what they'd like to do. let's listen and i'll bring you in. >> our nation's total debt is now larger than our entire economy. this means that every man, woman and child owes a $53,000 share of this debt. that level of spending is unsustainable. a major credit rating agency has already downgraded our nation's credit once. if we don't start making some real progress on spending reforms, more downgrades are likely in the near future. >> all right, chris. we've got sequestration comi
fair share that's sort of code for raising taxes on the rich. republicans have already agreed to that once. it will be very hard to get them to do that again. final lit first thing he talked about encouraging businesses to create more jobs and pay better wages, i mean that's just going to take time. they'll be paying better wages when the economy improves and americans upgrade their skill set. that's not something that's going to happen overnight. maybe we'll see some improvement over the four...
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Jan 29, 2013
01/13
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FBC
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> they have to pay back taxes, they have to learn english, they have to be able to understand and study our history, they have to get in line behind everyone else. they would be granted legal status but they get behind everyone else who has waited legally for a green card status. liz: senator john mccain defending a bipartisan bill to o give 11 million illegal immigrants in the u.s. a path to citizenship, but texas republican congressman says this plan sounds a whole lot like amnesty. you don't like this bill. why? >> this is a plan we saw several years ago with the same individuals involved, so no surprise. they favored amnesty before, and they favored amnesty now. says quite frankly it will save taxpayers billions of dollars because they will have to fit the bill going to be benefits going to these. it will cost american worker thousands of jo
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> they have to pay back taxes, they have to learn english, they have to be able to understand and study our history, they have to get in line behind everyone else. they would be granted legal status but they get behind everyone else who has waited legally for a green card status. liz: senator john mccain...
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Jan 30, 2013
01/13
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the extra money was raised through the speed camera fines, corporate taxes and one very high estate tax. many disagree with the mayor's decision saying some of it should go towards helping lower city taxes and funding the district's social services. >> i'm sure the city needs some as well but the taxpayer need it back if they can get it to them. >> this past spring and summer, we had dozen of children sleeping on the streets because we don't have a right to shelter year round for families. >> the mayor later said he is not completely ruling out lower being taxes in the future but he did not specify just how much the district would have to have in the bank for that to happen. >>> president barack obama laying out his plans to fix the nation's immigration system in las vegas just a day after i agroup of eight republican and democratic senators offered their own proposal. the biggest difference is the president's plan gives a faster path to citizenship for the millions already here illegally. >> yes, they broke the rules. they cross the border illegally. maybe they overstayed their visas.
the extra money was raised through the speed camera fines, corporate taxes and one very high estate tax. many disagree with the mayor's decision saying some of it should go towards helping lower city taxes and funding the district's social services. >> i'm sure the city needs some as well but the taxpayer need it back if they can get it to them. >> this past spring and summer, we had dozen of children sleeping on the streets because we don't have a right to shelter year round for...
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Jan 30, 2013
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illegal immigrants to gain temporary legal status if they passed a background check, paid a fine, back taxes and learned english. >> for the first time in many years, republicans and democrats seem ready to tackle this problem together. >> reporter: some gop house members say they don't support the senate proposal, but some of the biggest opposition to immigration reform could come from outside the halls of congress. republican senator marco rubio went on conservative radio to drum up support from a skeptical rush limbaugh. >> if 70% of the hispanics went republican do you thank'd be any part of this legislation? >> it is clearly a trojan horse, which really reforms nothing. >> reporter: the group of eight senators sponsoring the legislation say once the language is agreed upon, the bill could come up for a vote as early as this summer. danielle nottingham, cbs news, washington. >>> well, also on capitol hill, the senate overwhelmingly confirmed senator john kerry to be the next secretary of state. yesterday's vote was 94-3. kerry plans to resign from the senate on friday. earlier he was una
illegal immigrants to gain temporary legal status if they passed a background check, paid a fine, back taxes and learned english. >> for the first time in many years, republicans and democrats seem ready to tackle this problem together. >> reporter: some gop house members say they don't support the senate proposal, but some of the biggest opposition to immigration reform could come from outside the halls of congress. republican senator marco rubio went on conservative radio to drum...
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Jan 26, 2013
01/13
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WBAL
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by 3% or a separate 3% sales tax statewide. last year governor o'malley favored raising a 6% gas tax. >> 94 oven those surveyed said it's important to maintain and improve the transportation system but only 26% favor a 10% increase in the gas tax to pay for it. a house subcommittee is investigating best practices. >> trying to come up with the best plan we think will be beneficial to maryland. >> at the moment none of these ideas are in bill form but several of these proposals are expected to be officially introduced next week. david collins, wbal-tv 11 news. >> new details on the status of baltimore's speed and red light programs. an audit is under way to determine if ticketed motorists should receive a refund and whether or not punishment should happen when erroneous tickets are given. >> they are among the thousands of people plunging today, and they call themselves "ice guys always finish last." thousand they were inspired by the athletes. that's coming up. first a look at other things going on around town this weekend. >>
by 3% or a separate 3% sales tax statewide. last year governor o'malley favored raising a 6% gas tax. >> 94 oven those surveyed said it's important to maintain and improve the transportation system but only 26% favor a 10% increase in the gas tax to pay for it. a house subcommittee is investigating best practices. >> trying to come up with the best plan we think will be beneficial to maryland. >> at the moment none of these ideas are in bill form but several of these proposals...
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Jan 29, 2013
01/13
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raising taxes when he said no new taxes. it is a shame for his legacy, but can anybody conceivably in this environment say we have to raise taxes on the middle class if they're in elected office? >> the reality is the present tax code is a disaster. yes, you can raise tax revenue and you can get people behind it if indeed you do it by saying let's scrap huge chunks of the present tax code that make no sense in going the direction of a tax code that is competitive to the rest of the world the tax court hurts us, and frankly will bring down what i call the compliance tax. how many people do their own taxes now and pay millions if not billions of dollars in the country as a whole to get somebody else to figure this thing out. i would pay a higher rate if i knew i didn't have to pay the extra $2000 cut $2500 per year to the accountant to tell me what its supposed to be. it is a serious one. liz: texas have made more liars than a golf hats, but if you're going to do tax reform it took years, you have to start it now, right? >> ra
raising taxes when he said no new taxes. it is a shame for his legacy, but can anybody conceivably in this environment say we have to raise taxes on the middle class if they're in elected office? >> the reality is the present tax code is a disaster. yes, you can raise tax revenue and you can get people behind it if indeed you do it by saying let's scrap huge chunks of the present tax code that make no sense in going the direction of a tax code that is competitive to the rest of the world...
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Jan 31, 2013
01/13
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
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Jan 28, 2013
01/13
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with high income taxes. who else who is famous lived in illinois? that's scott, and he joins us now from chicago. your state has just been downgraded, illinois, and the city of chicago is going to get bailed out with its health problems by the federal government, and you have high taxes. can i count on you to move, scott? >> well, that depends on where this big building goes. if there's a place where we don't have the issues, the cme would move, and i would move with it. we have a history of making bad business decisions in illinois. we sold the parking meter rights, and weave given away cash flows for 20 years on out. this is no surprise, and it's the worst in the union now, and it's not better because we're on a negative watch as well again. where we go from here is we have to see a massive exodus of people like myself or anybody get behind this. we're in trouble. are you or anyone else in illinois going to do a mike dirk mickelson or sarkozy in do you see a lot of tax refugees pouring out of illinois, you
with high income taxes. who else who is famous lived in illinois? that's scott, and he joins us now from chicago. your state has just been downgraded, illinois, and the city of chicago is going to get bailed out with its health problems by the federal government, and you have high taxes. can i count on you to move, scott? >> well, that depends on where this big building goes. if there's a place where we don't have the issues, the cme would move, and i would move with it. we have a history...
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Jan 30, 2013
01/13
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tax dollars and american charitable giving. and then telling them they cannot repay those investments by contributing to the u.s. workforce. is both bad policy and bad business. that's what i've been working on this issue since i rise in the senate introducing three bills in calling for the creation of a new class of green cards for immigrants to earn an advanced student agree from an american university. i was glad to see the bipartisan framework released yesterday by senators mccain, schumer, rubio, and others, which moves us towards comprehensive immigration reform, embraces of this vital core principle. i also welcome president obama's contributions to this discussion and look forward to hearing what he has to say today in las vegas. it carries a bipartisan agreement that it is -- to make room for foreign-born american educated experts who want to apply their skills, start businesses and raise their families are. at the same time went to dramatically improve s.t.e.m. education available to american citizens to fill this dra
tax dollars and american charitable giving. and then telling them they cannot repay those investments by contributing to the u.s. workforce. is both bad policy and bad business. that's what i've been working on this issue since i rise in the senate introducing three bills in calling for the creation of a new class of green cards for immigrants to earn an advanced student agree from an american university. i was glad to see the bipartisan framework released yesterday by senators mccain, schumer,...
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Jan 30, 2013
01/13
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gerri: property taxes? what are property taxes like? >> low. depends on the municipality, but less than 2% so the sales tax is lower. how about no estate tax, gerri? when you talk about planning your estate, you know, give away 6% to 10% of the your money to the state, it's a big number. gerri: all right. i have to go through another graphic here because it's fascinating. we went to united lines to ask, okay, where are people leaving from? new york, new jersey, connecticut, michigan, illinois? what's the big inbounds state. dc, washington, d.c. because they have all the money. oregon, nevada, north carolina, south carolina so people are moving south. that's definitely the case. >> oh, absolutely. gerri: a quick story before we came to air saying you were able to actually nab a present for your company that you otherwise would have not been able to get if he had to move to new york or new jersey. >> that's right. he's a perfect example. the president here was a managing directer at ubs, and every day he would wake up at 4:30, and he would get to
gerri: property taxes? what are property taxes like? >> low. depends on the municipality, but less than 2% so the sales tax is lower. how about no estate tax, gerri? when you talk about planning your estate, you know, give away 6% to 10% of the your money to the state, it's a big number. gerri: all right. i have to go through another graphic here because it's fascinating. we went to united lines to ask, okay, where are people leaving from? new york, new jersey, connecticut, michigan,...
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Jan 26, 2013
01/13
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FOXNEWS
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they got tax credits but they spend a lot of time time carving out things in the tax code that benefits specifically them. i'm not somebody who wants people to pay really high taxes. but the reality is, when you have a system in a situation that leads corporations to feed the beast, so that they can make more money on the side. pay their tithe or make. >> sean: i will be honest, how can they be competitive if they don't, if their competitors are doing it it's washington that i blame for allowing it to happen they set the rules. exactly right. that graph shows 2200% return. if you have after tax return on wall street now of 20%, you are a rock star as far as the company goes it shows you that big government has now made it than that an investment in further big government. and further regulation helps these companies. also, look at the corporate boards. this is the way big government effects capitalism. now that you have to have a bureaucrat or former politician on your board. and the reason companies put them on there because they need somebody help them navigate washington. >> sean: th
they got tax credits but they spend a lot of time time carving out things in the tax code that benefits specifically them. i'm not somebody who wants people to pay really high taxes. but the reality is, when you have a system in a situation that leads corporations to feed the beast, so that they can make more money on the side. pay their tithe or make. >> sean: i will be honest, how can they be competitive if they don't, if their competitors are doing it it's washington that i blame for...
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Feb 1, 2013
02/13
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FOXNEWS
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. >> reporter: is it fair that he wanted to pay his fair share of taxes before the fiscal cliff? >> it's probably the money that is in principle. everybody wants money, it's not a secret. >> reporter: you had an opportunity to make a statement about your principles, and i thought it was an odd move. >> a greedy guy. environmentalists who voted for him and clinton -- >> i really do. >> why don't you wum on the o'reilly factor, mr. president. you know that bill is not a big anti-global warming guy. the o'reilly factor? >> i love o'reilly, he's a comedian, right? >> i have watch both sides of the picture. >> i have a son with autism. and o'reilly is one of our biggest supporters. >> you don't watch fox news. >> this is a game you're playing, you try to get people to sound like what you want. >> i thought that you didn't watch. >> bill: all right, here now have is watters. so gore, did he tell you why he didn't want to come on? guest: no, he tried to brush meed off politely. i said give me some dates, and bill has a few questions, we know we can sell a lot of books here, and we know
. >> reporter: is it fair that he wanted to pay his fair share of taxes before the fiscal cliff? >> it's probably the money that is in principle. everybody wants money, it's not a secret. >> reporter: you had an opportunity to make a statement about your principles, and i thought it was an odd move. >> a greedy guy. environmentalists who voted for him and clinton -- >> i really do. >> why don't you wum on the o'reilly factor, mr. president. you know that bill...
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Jan 27, 2013
01/13
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we'll be back in one hour with live news coverage. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
we'll be back in one hour with live news coverage. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
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Jan 26, 2013
01/13
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match him up against the republicans on a whole host of issues including republican staple issues like taxes and foreign policy she does better. it's not enough to go into communities they've ignored or tinker with their message. they have to take a hard look at policies they've embraced, like self-deportation for immigration reform. i don't care how you spin that, hispanics are not going to embrace you if you have a policy like that in your party. >> rick: ron? >> i have to tell you i think president obama is going to help republicans out because he's now unveiled a liberal agenda that, since he has been reelected, surprise, surprise and republicans will be able to contrast themselves as a much morecentric party than the president is going, way left and i think on issues like, climate change, on spending, on, you know, creating a culture of dependence on the federal government, we can help to drive a wedge between senate democrats who are in red states up in 2004, we can drive a wedge between them and focus first on getting back the senate before we go after the presidency. >> rick: doug, w
match him up against the republicans on a whole host of issues including republican staple issues like taxes and foreign policy she does better. it's not enough to go into communities they've ignored or tinker with their message. they have to take a hard look at policies they've embraced, like self-deportation for immigration reform. i don't care how you spin that, hispanics are not going to embrace you if you have a policy like that in your party. >> rick: ron? >> i have to tell...
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Jan 26, 2013
01/13
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FBC
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, gasoline tax, or gps based tax. ideas are on the table, of course, as we said, and the motive is they need the revenue. melissa: absolutely. oregon, washington, vermont, wanting to to be in the cars wih you. tax your miles. that's spooky. government in the seat next for you. >> thank you. a brutal cold snap in full force. i think i lost two toes to frostbite on the way to work this morning. i have to check that out. futures, and milder temperatures next weir, wahoo! lowering the outlook for gas demand, though. coming up, oil futures saw a slight loss today, and posted their seventh week gain, longest advantage in four years, and chavez's health problem taking a toll on venezuela's oil industry credit line. investments from chinese, india, and russian energy companies reportedly drying up. chavez had the fourth cancer related surgery on september 11th, but has not been seen or heard from since then. coming up on money, the economic forum wrapping up, and surprise, surprise, they didn't solve any of the world's proble
, gasoline tax, or gps based tax. ideas are on the table, of course, as we said, and the motive is they need the revenue. melissa: absolutely. oregon, washington, vermont, wanting to to be in the cars wih you. tax your miles. that's spooky. government in the seat next for you. >> thank you. a brutal cold snap in full force. i think i lost two toes to frostbite on the way to work this morning. i have to check that out. futures, and milder temperatures next weir, wahoo! lowering the outlook...
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Jan 29, 2013
01/13
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of changes to tax pol say made in the last minute fiscal cliff deal. many online or tax filing -- are accepting returns but won't submit them until tomorrow. e file is the fastest way. it was received within 21 days. >>> if you have a problem or want to complain about alexandria city services. there's an online service called call click connect. by calling a phone number or going online, residents can make a report that's automatically read to the proper department. you are giving a tracking number to follow the progress of your concern or complaint. >> it allows citizens to not get lost in the system. it will get recorded instantly. they'll get an instant response in terms of how much time it will take to be responsive. >> the system also delivers important information to city leaders that could reveal potential problems. >>> today we expect an update from a remarkable soldier recovering from a milestone surgery after losing all four limbs in iraq. brendan more okay a received a double arm transplant at johns hopkins in baltimore last month. he was in
of changes to tax pol say made in the last minute fiscal cliff deal. many online or tax filing -- are accepting returns but won't submit them until tomorrow. e file is the fastest way. it was received within 21 days. >>> if you have a problem or want to complain about alexandria city services. there's an online service called call click connect. by calling a phone number or going online, residents can make a report that's automatically read to the proper department. you are giving a...
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Jan 30, 2013
01/13
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higher taxes appears to be hurting consumer confidence. a new survey find it is plunged to the lowest level in more than a year. part of the problem here, the hike in social security taxes that is leaving americans with less take-home pay. >>> home prices jumped 5.5% in november. the latest data available compared to a year ago. it's the biggest annual increase in six years. of the 20 cities surveyed, phoenix saw the biggest price jump of 23%. new york was the only city to report an actual drop in home prices from a year ago. >>> and apple coming out with an ipad which has more memory. the full size model going on sale a week from today will have 128 gigs of memory. that is up from 64 gigs. nothing else, though, has changed so it will remain a fourth generation ipad. the memory increase does not apply to the ipad mini. i know you're going to run out and get one, mike. >> does it have a newer, sharper camera? >>> 6:06. we're in for another mild, windy day. howard will explain it all in a few minutes. >> talk of gun control will fill the hal
higher taxes appears to be hurting consumer confidence. a new survey find it is plunged to the lowest level in more than a year. part of the problem here, the hike in social security taxes that is leaving americans with less take-home pay. >>> home prices jumped 5.5% in november. the latest data available compared to a year ago. it's the biggest annual increase in six years. of the 20 cities surveyed, phoenix saw the biggest price jump of 23%. new york was the only city to report an...
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Jan 31, 2013
01/13
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WMAR
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under it a squatter can claim the property if they live there seven years and pay taxes on it. 2012 taxes on the mansion $39,000. guessing he may not have. >> you know what? >> adverse possession has been around forever. you know? but he, it's interesting to me that he even knew about it. it is a bit obscure. you learn that first year in law school. >> he is smart. knew about it. >> i need to adversely possess real estate. >> aim high. aim high. >>> violence storms slamming the east coast this morning after leaving the south and midwest in shambles. the giant system triggered two dozen tornado thousands. one of them slammed north thern georgia knocking out power, flipping over trucks and cars and damaging 100 homes. one man was killed when a tree crushed his trailer. another man died in tennessee. >> rough few days for weather. with that take a look at today's weather. strong storms from atlanta to new england. some morning downpours for d.c. and here in the big apple. lake-effect snow from michigan to upstate new york. snow in the rockies and cascades. showers in the pacific northwest. >
under it a squatter can claim the property if they live there seven years and pay taxes on it. 2012 taxes on the mansion $39,000. guessing he may not have. >> you know what? >> adverse possession has been around forever. you know? but he, it's interesting to me that he even knew about it. it is a bit obscure. you learn that first year in law school. >> he is smart. knew about it. >> i need to adversely possess real estate. >> aim high. aim high. >>>...
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Jan 27, 2013
01/13
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CNN
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> she's not expected to leave her post as secretary of state for a few days yet, but already hillary clinton has fans wanting her on the ballot for president in 2016. >> i think she's accomplished an incredible record. i think she has really unbridled popularity. she has a total knowledge of all of the issues. she has served in the senate. she has been -- >> you're a fan. >> i am a fan. >> you want her to run. >> i would love it if she would run. >> so maybe she has one more chapter in history to make or maybe embrace a new role in the civilian world. douglas brinkley joins us live. hillary clinton had a fairly smooth ride as u.s. senator and secretary of state. where does this secretary, this great woman, secretary of state, first lady fit into the historical landscape sph. >> there's no one quite like her. there is eleanor roosevelt, but hill
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> she's not expected to leave her post as secretary of state for a few days yet, but already hillary clinton has fans wanting her on the ballot for president in 2016. >> i think she's accomplished an incredible record. i think she has really unbridled popularity. she has a total knowledge of all of the...
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Jan 27, 2013
01/13
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he said we need more taxes, and we'll be back asking for more taxes later. so as nearly as we can tell, based on what he has said, the taxes that he would lik to add to the ones he got by operation of law two and a half weeks ago is this light blue line right across here. so if the president were given all the tax increases he says at the moment he wants, that would provide this amount of revenue going out to 2040. as you can see, madam president, that doesn't do anything to lve the problem because the red here represents spending in the past and the spending escalation that will occur if we don't do anything to solve the spending problem. look at this line dramaticall going up to 2040. so as you can see, there's not enough revenue you can raise without completely shutting down the economy and solve the problem. in fact, it produces a rather static and totally insignificant amount o revenue in order to deal with the massive spending problem. so this constant demand for more and more tax increases on what i guess people assume the more successful guy down the
he said we need more taxes, and we'll be back asking for more taxes later. so as nearly as we can tell, based on what he has said, the taxes that he would lik to add to the ones he got by operation of law two and a half weeks ago is this light blue line right across here. so if the president were given all the tax increases he says at the moment he wants, that would provide this amount of revenue going out to 2040. as you can see, madam president, that doesn't do anything to lve the problem...
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Jan 31, 2013
01/13
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FOXNEWS
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a year and a half ago, they created a deadline about raising taxes. we knew taxes were going up. they waited a year and a half and burning the midnight oil. >> it was all theater. >> and then they sit back and do nothing. all because the president, the senate and house don't do their job on time and when they get to the end of the deadline, they create new deadlines? >> they try to use the drama and theater and force something through that otherwise couldn't pass. we have temporary tax policies, temporary -- unknown regulations that are coming out at a faster rate. i was in small business for over 15 years. i don't know how anyone can operate in 24 environment. i have had businesses show me two plans. taxes went up which they did, they were going to cut back on 25 people. this was 150-person firm. it's common sense, we don't have to guess was at what is happening. it's not republican obstruction. the fact is, it's the policies that the president has put in place is making it more and more difficult for businesses to succeed. >> it's disheartening because people are parking money,
a year and a half ago, they created a deadline about raising taxes. we knew taxes were going up. they waited a year and a half and burning the midnight oil. >> it was all theater. >> and then they sit back and do nothing. all because the president, the senate and house don't do their job on time and when they get to the end of the deadline, they create new deadlines? >> they try to use the drama and theater and force something through that otherwise couldn't pass. we have...